Analysts Conflicted on These Communication Services Names: Telstra Corporation Limited (OtherTTRAF) and Warner Bros (WBD)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Telstra Corporation Limited (TTRAF) and Warner Bros (WBD).
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Telstra Corporation Limited (TTRAF)
In a report released yesterday, Liam Robertson from Jarden downgraded Telstra Corporation Limited to Sell, with a price target of A$4.60. The company’s shares closed last Friday at $3.25.
According to TipRanks.com, Robertson is ranked #3457 out of 12377 analysts.
Currently, the analyst consensus on Telstra Corporation Limited is a Hold with an average price target of $3.62.
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Warner Bros (WBD)
In a report released today, Michael Morris from Guggenheim maintained a Hold rating on Warner Bros. The company’s shares closed last Wednesday at $26.15.
According to TipRanks.com, Morris is a 5-star analyst with an average return of
Warner Bros has an analyst consensus of Hold, with a price target consensus of $29.35, an 11.2% upside from current levels. In a report issued on June 25, Morgan Stanley also maintained a Hold rating on the stock.
Read More on TTRAF:
Disclaimer & DisclosureReport an Issue
- Telstra initiated with a Neutral at Citi
- Telstra Kept at Hold as Solid Cash Generation Prospects Are Offset by Full Valuation and Competitive Risks
- Telstra Cancels 25.4 Million Shares After On-Market Buy-Back
- Telstra Finalises $1.25 Billion On‑Market Share Buy‑Back
- Telstra Continues On‑Market Share Buy-Back Program
